Pattern school
What the tape is drawing
Elliott, Wyckoff, Power of 3, and the named setups — same story in four dialects. Open a card. The diagram is the lesson. The cheat is what you do. The kill line is when you are wrong.
Elliott wavesMarkets breathe in fives and give it back in threes. Wave 2 is the trap. Wave 3 is the meat.
WyckoffSize builds a cause in a range, then spends it. Phase C is the last lie — that lie is the entry.
Power of 3Accumulate in a box. Raid one side (the Judas swing). Expand the other way. The raid is the setup, not the breakout.
Named patternsA sketch until the neckline, rim, or wedge floor does the confirming close. Until then, it is not a trade.
Named patterns
Double top
Sellers had their shot — and they took it twice.
Two failed attacks on the same offer, with a valley between. Confirming close is under the valley (the neck).
The cheat
The valley is the neckline. Close under it. Target is the peak-to-valley height projected down.
It dies if
A third push that closes through the twin highs is a breakout, not a double top. Do not stay short that.
Size builds a cause in a range, then spends it. Phase C is the last lie — that lie is the entry.